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54 Cards in this Set
- Front
- Back
Hisotrical Information
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1. Historical information is the best input for the initiation phase
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Operations
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2. Operations: are ongoing and repetitive
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Operation Example
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3. Getting coffee from Wife is a Project, Getting Coffee from Vending Machine is OPERATION (There are no surprises!..Thanks ARI)
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RBS
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4. The Resource Breakdown Structure shows various resources, both human and mechanical needed for project.
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Acuqisition
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5. Acquisition: When the performing organization lacks the in house staff needed to complete the project, the required services can be acquired from outside sources.
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Conflict
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6. Let the people involved in the conflict work it out first
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Project Records
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7. The best use of "collect project records" is to recall what happened on the project, good or bad.
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Planning
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8. Planning phase is LEAST Risky
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CMS
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9. Control Management System tracks the changes(not configuration management)
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TMPP
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10. Templates and forms which are available in the organization are reusable components. Any resource that can be reused as a useful tool is part of the total methodology of project planning
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Comparing Proposals done in which Process ?
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11. Comparing proposals received from sellers done in the Conduct Procurements.
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Making Payment is done in which Process to Seller?
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12. Make payment to seller is done in the Administer Procurements
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What is Engineering
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13. Engineering is primarily responsible for creating design and test specifications.
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Control Charts ?
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14. Control charts are graphic display of the results over a time of a process. They are used to determine if the process is "in control".
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PC ?
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15. Pareto chart: Focus on critical issues to improve quality
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Fishbone / Ishikawa ?
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16. Fishbone diagram/Ishikawa: Determines how various factors linked to potential problems or effects, root cause
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CC?
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17. Control chart: Determines whether or not process is stable and within set limits .
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HG?
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18. Histogram: ordered by frequency of occurrence, that shows how many results were generated by type or category of identified cause.
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Planning Meetings are used in which Process?
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19. Planning meetings are used to create the Risk Management plan.
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EAD Process ?
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20. Approximating number of work periods required to complete individual activities with estimated resources is done in Estimate Activity Duration process. Activity List ,Activity resource requirements and Resource Calendars are inputs of Estimate Activity Duration process. PMBOK Page no 177
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MCA
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21. Monte Carlo Analysis: A schedule risk assessment technique that performs a project simulation many times in order to calculate a distribution of likely results
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Quality Policy who ?
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22. If the performing organization lacks the formal quality policy, or if project involves multiple performing organizations, The project management team, will develop the quality policy for each project.
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Immediate Work ?
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23. For an immediate work, a letter contract may be sufficient
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PM ?
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24. Performance Measures are done in contract Administration
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What is done in Contract Closure?
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25. Product Verification, Procurement Audit and creation of a contract file are done in CONTRACT CLOSURE
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Last Step in Administrative Closure ?
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26. Last step in Administrative closure is Release resources or Measure customer certification at the end of the project by capturing customer feedback, in order to assist in project evaluation and enhance customer relationships.
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Employee Records ?
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27. Employee records should be updated by PM when he completes the tasks assigned to him
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What is the foundataion of Team Development ?
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28. Individual development is the Foundation of Team development
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T&M ?
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29. T&M – has the characteristics of both Fixed and Cost reimbursement
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TT of Contract Closeout Process ?
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30. Procurement Audit, Negotiated settlements and record management system are tool and Techniques of contract closeout process
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PA ?
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31. Procurement Audit, is used to identify successes to transfer the success to other procurements
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Symbols ?
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32. Symbols are always used in the communications
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Indpt Estimate ?
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33. Independent estimates are prepared to compare the cost to an estimate created with
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CMP defines ?
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34. Communication Management plan defines the contents of the performance reports
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Team Development in Weak ?
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35. Team development with WEAK Matrix is very difficult
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Product of Project created in which Group ?
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36. Product of the Project is Actually created in EXECUTION Phase /Group
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Change appoved by ?
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37. Any change in the Project Charter needs to be approved by sponsor or person who has authorized the charter
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Referrent Power ?
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38. REFERRENT power= PM’s PERSONALITY POWER
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WAS ?
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39. Work Authorization system Ensures that work is done at RIGH T TIME and in proper sequence
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Solicitation ?
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40. Solicitation is the process of obtaining quotations , bids , offer,
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Sunk Costs ?
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41. The cost expanded at the completion of phase is known as SUNK costs
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Issue in Matrix Structure ?
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42. Conflicting priorities in resource assignments – is an issue in the Matrix structure
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MCA provies ?
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43. Monte carlo simulation provides PROBABILITY OF ANY TASK BEING AT THE CRITICAL PATH
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SV dhould be done ?
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44. Scope verification should be done – WHEN A PROJECT IS TERMINATED to determine the extent of the completion
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Jurans Quality Triology ?
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45. Jurans Quality Triology = Quality PLANNING Quality IMPROVEMENT Quality CONTROL
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UCL ?
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46. UCL : Upper control limit : Is derived from Random variation
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UTL ?
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47. UTL : Upper tolerance limit is the higher of two tolerance limits
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EAC = ? Original Estimates flawed
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48. When original estimates are flawed then EAC = AC + ETC
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FM power in Functional ?
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49. Functional – FM has more power
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PM Power in Projectized ?
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50. Projectized – PM has more power
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In Balanced who has power ?
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51. Balanced – PM and FM has equal power
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In Weak who has power ?
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52. WEAK – FM has more power
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In Strong who has power ?
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53. Strong – MATRIX – PM has more power
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Procurement SOW ?
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54. The procurement SOW might be prepared by either the buyer or the seller. Buyer might prepare the SOW and give it to the seller, who in turn rewrite it so that they can price the work properly. If the buyer does not know how to prepare a SOW or the seller would be better at creating the SOW because of their expertise about the product or service, the seller might prepare it and then give the buyer to review.
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